Railways will also launch trains faster than Shatabdi and Rajdhani in India, very soon.

Some interesting news related to Indian Railways has come out, promising more benefits, and features for the common man, and for the businesses.

Here is the brief roundup:

Rs 10 Lakh Cr For High-Speed Rail Corridor

A top railway official has revealed that very soon, Indian Railways will announce a massive allocation of funds for building high-speed rail corridors, connecting all major cities of India.

Rs 10 lakh crore is expected to be the budget by Indian Railways, for constructing 10,000 km of high-speed rail, where trains can travel up to 200 km/h.

Last year, Rs 18,000 crore was spent on upgrading Delhi-Mumbai and Delhi-Howrah corridors, and to increase the speed of train running on these corridors to 160 km/h, compared to 70-90 km/h which is the current speed.

We have already reported that Railways will soon launch trains faster than Shatabdi and Rajdhani in India.

50% Cut In Luxury Train Fares

Meanwhile, in order to make the luxurious experience of travelling in exotic trains like Palace on Wheels, Golden Chariot and Maharaja Express more affordable, IRCTC has decided to cut the fares by 50%.

Mohul keenly observes the nuances of Indian startup world; and tries to demystify the secrets behind Technology, Marketing, Mobile and Internet. He is a Writer by passion, Marketer by choice and Entrepreneur by compulsion. Follow him on Twitter here: @_mohul